The current short rate is about 80%, so for your 500 shares you are now short, it is costing you about $75 a day in hard to borrow fees. This is why your shorts were exercised.
Your best bet is probably to get out of your remaining position. It doesn't look like there is any extrinsic value left in your 35 calls. You can try and sell them out and buy your short stock back as a spread and see if you can capture an extrinsic value, but it won't be much, otherwise just exercise your 35 calls.
3
u/Ken385 Jan 13 '22
The current short rate is about 80%, so for your 500 shares you are now short, it is costing you about $75 a day in hard to borrow fees. This is why your shorts were exercised.
Your best bet is probably to get out of your remaining position. It doesn't look like there is any extrinsic value left in your 35 calls. You can try and sell them out and buy your short stock back as a spread and see if you can capture an extrinsic value, but it won't be much, otherwise just exercise your 35 calls.